Q. Identify the Capital Receipts
✅ Correct Answer: (D)
sale of a public sector undertaking
Public Finance MCQs and Notes
Q. Which one of the following is not the form of Tax Revenue?
✅ Correct Answer: (C)
license fee
Q. Which of the following is a Capital Receipt?
✅ Correct Answer: (D)
borrowing from the public
Q. Which of the following is a Revenue Receipt?
✅ Correct Answer: (B)
grant received from the world bank
Q. Fiscal Crisis was carried in ................. period.
✅ Correct Answer: (A)
planning
Q. Public debt in Indian Economy is .................... in nature.
✅ Correct Answer: (A)
increasing
Q. In internal debt ................ are important.
✅ Correct Answer: (B)
market loans
Q. ............ tax is in the jurisdiction of the Central government.
✅ Correct Answer: (B)
corporation tax
Q. The value of balanced budget multiplier is always ................
✅ Correct Answer: (B)
1
Q. In a concept of budgetary deficit, ............... is always greater than the total revenue.
✅ Correct Answer: (A)
public expenditure